Bretton Capital Management LLC bought a new stake in Union Pacific Co. (NYSE:UNP – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,350 shares of the railroad operator’s stock, valued at approximately $3,783,000. Union Pacific comprises approximately 3.6% of Bretton Capital Management LLC’s portfolio, making the stock its 18th biggest holding.
Several other large investors also recently added to or reduced their stakes in the business. Koshinski Asset Management Inc. lifted its position in shares of Union Pacific by 29.5% in the first quarter. Koshinski Asset Management Inc. now owns 2,571 shares of the railroad operator’s stock worth $632,000 after buying an additional 585 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in Union Pacific by 7.4% in the 1st quarter. Kingsview Wealth Management LLC now owns 24,109 shares of the railroad operator’s stock worth $5,929,000 after purchasing an additional 1,658 shares during the last quarter. Leo Wealth LLC lifted its holdings in Union Pacific by 48.1% in the 1st quarter. Leo Wealth LLC now owns 1,579 shares of the railroad operator’s stock worth $387,000 after purchasing an additional 513 shares during the last quarter. Trillium Asset Management LLC grew its holdings in Union Pacific by 1,025.0% during the first quarter. Trillium Asset Management LLC now owns 61,517 shares of the railroad operator’s stock valued at $15,129,000 after purchasing an additional 56,049 shares during the last quarter. Finally, Brighton Jones LLC raised its position in shares of Union Pacific by 7.2% in the first quarter. Brighton Jones LLC now owns 11,109 shares of the railroad operator’s stock valued at $2,732,000 after purchasing an additional 749 shares during the period. 80.38% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research firms recently issued reports on UNP. Stifel Nicolaus decreased their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and lowered their price target for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Susquehanna cut their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. BMO Capital Markets lowered their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Finally, Raymond James upped their price target on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.
Union Pacific Price Performance
Union Pacific stock opened at $240.34 on Thursday. The business has a 50 day simple moving average of $242.46 and a 200 day simple moving average of $238.64. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company has a market capitalization of $145.71 billion, a PE ratio of 22.07, a price-to-earnings-growth ratio of 2.36 and a beta of 1.06. Union Pacific Co. has a one year low of $212.47 and a one year high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.51 EPS. On average, sell-side analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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